General Discussion

Dont call me Shirley

(10,998 posts)

26. How did Europe get to this point? Goldman Sachs.

Reply to WillyT (Original post)

Fri Feb 6, 2015, 07:45 PM

Feb 2015

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

58 replies

= new reply since forum marked as read

Highlight:

Krugman: 'We're Rapidly Approaching A Moment Of Truth' - NYT [View all] WillyT Feb 2015 OP

I thnk Greece will leave the EU. How the EU survives the economic fallout is not to be guessed. Agnosticsherbet Feb 2015 #1

For strategic reasons, the EU can't let that happen. But closeupready Feb 2015 #4

Ultimately, the EU can not stop them. Agnosticsherbet Feb 2015 #5

Scotland had a recent secession vote that failed, but as a means of defusing such ideas, closeupready Feb 2015 #10

Scotland's seccession was from England, not the EU. Agnosticsherbet Feb 2015 #49

Sure they can. They have armies. (nt) jeff47 Feb 2015 #19

Srsly? You think Germany, as leader of the EU and the biggest proponent of austerity, truebluegreen Feb 2015 #27

Well, we are talking about "ultimately", not "first thing to try". (nt) jeff47 Feb 2015 #30

The EU does not have a military. The inidividual nations do have militaries, but I don't think Agnosticsherbet Feb 2015 #45

Yes. The entire point of forming the EU was fundamentally about PEACE, closeupready Feb 2015 #50

You're forgetting the financial destruction. jeff47 Feb 2015 #56

Probably not, because the money isn't big enough. jeff47 Feb 2015 #55

The problem is... Adrahil Feb 2015 #40

They survivied before the EU existed. They could find away to suvive without it. Agnosticsherbet Feb 2015 #48

I basically agree... Adrahil Feb 2015 #57

The Euro was a bad idea because they did not integrate their economic system. Agnosticsherbet Feb 2015 #58

It's a speed bump. MrTriumph Feb 2015 #2

You can bet Portugal, Spain and Ireland are watching carefully. riderinthestorm Feb 2015 #3

Yep... And Speed Bumps Can Be Lethal If One Is Reckless... WillyT Feb 2015 #6

Austerity is a terrible idea. These people need to read Keynes. n/t Adrahil Feb 2015 #41

If the Troika wins it shows Germany actually won WWII tech3149 Feb 2015 #7

The IMF was founded in the US in 1944. MrTriumph Feb 2015 #8

Thr porblem with the EU DonCoquixote Feb 2015 #9

Effin A! You understand the problem! tech3149 Feb 2015 #12

....will have to be fought sooner or later is the people versus the banks. Tierra_y_Libertad Feb 2015 #11

+10000 The only way to stop a predator woo me with science Feb 2015 #14

And not just in EU. jwirr Feb 2015 #15

KnR for Professor Krugman Hekate Feb 2015 #13

Prediction... Helen Borg Feb 2015 #16

How they got there? Simple. hifiguy Feb 2015 #17

I think I may love you.... Adrahil Feb 2015 #42

HOW'D they REALLY get there? It's like the sub-prime mortgage crisis of 2007-2008... MrMickeysMom Feb 2015 #51

Don't ridicule yourself. DetlefK Feb 2015 #52

The euro was created precisely to bring about the mess we're seeing in Greece, Spain, etc. nichomachus Feb 2015 #18

Getting a bit conspiratorial TooPragmatic Feb 2015 #20

I think nation states should control their own fiscal, economic and trade policies. CJCRANE Feb 2015 #23

Like they did before WWII? TooPragmatic Feb 2015 #24

There weren't many sovereign nations in those days but plenty of empires. CJCRANE Feb 2015 #25

those empires where nation states TooPragmatic Feb 2015 #35

The UN was set up to protect the sovereignty of nation states. CJCRANE Feb 2015 #37

How about "the pudding." nt truebluegreen Feb 2015 #29

I love it -- anything someone doesn't like to hear is a "Conspiracy Theory" nichomachus Feb 2015 #38

Why not just use Alex Jones TooPragmatic Feb 2015 #39

I agree. CJCRANE Feb 2015 #21

A similar desire was the cause of the failure of the Articles of Confederation. SteveG Feb 2015 #54

Good book plot.... Adrahil Feb 2015 #43

Spot on, Nicho Android3.14 Feb 2015 #53

interesting and scary hfojvt Feb 2015 #22

How did Europe get to this point? Goldman Sachs. Dont call me Shirley Feb 2015 #26

Recommend...thanks, WillyT. n/t Jefferson23 Feb 2015 #28

You Are Quite Welcome !!! WillyT Feb 2015 #31

You may be interested in Professor Bill Black who has written on the subject in addition to your Jefferson23 Feb 2015 #32

Thank You For That... I'm A Big Fan Of Bill Black !!! WillyT Feb 2015 #33

He is a reliable, powerful force for good analysis..agreed. Jefferson23 Feb 2015 #34

+1 Pooka Fey Feb 2015 #44

kick woo me with science Feb 2015 #36

K/R marmar Feb 2015 #46

this is a really thoughtful piece. MBS Feb 2015 #47